NEW YORK Nucor Corp. has
lowered its base price on most merchant bar and structural
products by $20 per ton ($1 per hundredweight) effective with
May 2 shipments "due to market conditions," the Charlotte,
N.C.-based steelmaker said in a May 2 letter to customers.
The adjusted base price "will serve to be our new
transaction pricing for the month regardless of any change in
the raw material surcharge," the company said.